Trend Personal Finance & Investment - Latest news, views and updates

TREND | 10 Jun 2025

FM asks regulators to expedite refund on unclaimed deposits, streamline KYC

Business Standard

Finance Minister Nirmala Sitharaman on Tuesday asked regulators and departments to expedite the refund of unclaimed deposits to rightful owners and streamline the KYC process. Chairing the 29th meeting of the Financial Stability and Development Council (FSDC) here, she emphasised that interest of common citizens to be kept in mind and expeditiously refund the claims of the rightful claimants. She exhorted the Council to take proactive steps to ensure that citizens should have a seamless experience with respect to KYC processes across the financial sector, the finance ministry said in a statement. There is a need for common KYC norms, simplification and digitalisation of the KYC process including digital onboarding for Non-Resident Indians (NRIs) including PIOs and OCIs, in the Indian securities market. The minister urged the regulators and departments to expedite the process of refund to rightful owners of unclaimed amounts by holding special district-level camps. This drive is to

Reduce unclaimed assets: FM Sitharaman to financial sector regulators

Business Standard | 10 Jun 2025

Personal Finance & Investment

TREND | 10 Jun 2025

Govt plans comprehensive social security for construction workers, utilizing 70,000 crore unspent cess

Business Line

Pension scheme will be drawn from 70,000 crore fund 36 welfare boards in States and UTs have collected for the welfare of BOCWs

Personal Finance & Investment

TREND | 10 Jun 2025

EPFO: How To Check Employer's Contribution To Your PF Account

NDTV Profit

Keeping track of your employer's contribution to your EPF account is important for better financial planning and to rectify any discrepancies.

Personal Finance & Investment

TREND | 10 Jun 2025

Long-awaited tax refunds may finally land as 2023-24 returns are processed

Business Standard

Income Tax returns valid selected for scrutiny or delayed due to taxpayer-related issues will not get relaxation

Personal Finance & Investment

TREND | 10 Jun 2025

Digital Form 16: How to download document for filing Income Tax return

Business Standard

A step-by-step overview of using document for declaring your taxes in AY 2025-26

Personal Finance & Investment

TREND | 10 Jun 2025

Petrol, Diesel Prices Unchanged On June 10; Here's How Much You Pay For Fuel Today

NDTV Profit

In Mumbai, petrol is priced at Rs 103.50 per litre, and diesel costs Rs 90.03.

Personal Finance & Investment

TREND | 09 Jun 2025

HDFC Bank cuts MCLR by 10 bps; ICICI Bank slashes FD rates

Business Line

Large PSBs including BoB, PNB, Bank of India, and Indian Bank have already slashed their repo-linked lending rate by 50 bps.

Personal Finance & Investment

TREND | 09 Jun 2025

LG disburses pension to 12,660 beneficiaries under ISSS in JK

Business Standard

Lieutenant Governor Manoj Sinha on Monday disbursed the pension arrears of Rs. 6.14 crore to 12,660 beneficiaries under the Integrated Social Security Scheme (ISSS). Sinha said the ISSS is aimed at ensuring financial inclusion and supporting senior citizens, widows and differently-abled individuals. He, however, added that the arrears were pending due to Aadhaar non-seeding. On the occasion, the Lieutenant Governor informed that the Social Welfare Department is coming up with a revolutionary app for the integration of eligible senior citizens into the pension beneficiaries. The LG also inaugurated a 50-bedded halfway home for psycho-social rehabilitation of treated and controlled people with mental illness in Jammu and 'Parisha', a childcare institution for girls in Samba district. The facility was established at Rs 4.39 crore at Lower Chowadi Jammu under Deendayal Divyangjan Rehabilitation Scheme (DDRS). "The halfway home will offer a structured environment to help individuals wi

Personal Finance & Investment

TREND | 09 Jun 2025

ITR Filing 2025: Can You Change Your Regime While Filing Income Tax Return?

NDTV Profit

The old tax regime allows taxpayers to claim various exemptions and deductions for tax-saving investments, health insurance premiums and house rent, among others.

Changes in Form 16 for FY25: What salaried individuals need to know

Business Standard | 09 Jun 2025 1 more

Personal Finance & Investment

TREND | 09 Jun 2025

EPFO 3.0: ATM Withdrawal From This Month? Here's All You Need To Know

NDTV Profit

From ATM-based withdrawals and auto-claim settlements to digital corrections, a look at expected new services to be launched soon under EPFO 3.0.